Startup
Lensing AI
AI-native ERP for SaaS and multi-entity companies, built over five years in stealth by the architects of SAP HANA and launched in January 2025 with $140m, formerly Everest Systems.
| Founded | 2020, Heidelberg and Mountain View |
|---|---|
| Founders | Franz Färber (co-CEO, 26 years at SAP and original architect of SAP HANA), Stefan Sigg (co-CEO, former SAP) |
| Stage | Growth |
| Total funding | $140m |
| Last round | $140m announced at launch from stealth, January 2025 ↗ |
| What it does | General ledger, subscription and complex revenue accounting, multi-book and multi-entity consolidation, cloud and AI cost management; an app generator, AiSpecify, lets finance users build their own ERP modules |
| Traction | Renamed from Everest Systems to Lensing in 2026; targets finance leaders at SaaS companies with international operations |
| Pricing | Not published |
| Markets | US, Germany |
| Peers | Rillet, Campfire, DualEntry, NetSuite, SAP |
Why it matters
Lensing launched with $140 million and a founding team that built SAP’s flagship database, the most experienced ERP team among the AI-native challengers. Where Rillet and Campfire start with growth-stage companies, Lensing is aimed at the complex multi-entity finance that keeps mid-market firms on NetSuite and SAP.
Updated September 2026.
Part of Accountio’s accounting technology coverage.
